State of Michigan Retirement System Purchases 96,900 Shares of iShares Core S&P Mid-Cap ETF $IJH

State of Michigan Retirement System boosted its position in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 9.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,131,710 shares of the company’s stock after purchasing an additional 96,900 shares during the quarter. State of Michigan Retirement System’s holdings in iShares Core S&P Mid-Cap ETF were worth $76,424,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 124,791,222 shares of the company’s stock valued at $8,236,221,000 after purchasing an additional 2,142,484 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Core S&P Mid-Cap ETF by 1.7% in the fourth quarter. Bank of America Corp DE now owns 69,097,876 shares of the company’s stock worth $4,560,460,000 after buying an additional 1,184,255 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Core S&P Mid-Cap ETF by 5.4% in the fourth quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after buying an additional 2,998,287 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares Core S&P Mid-Cap ETF by 3.0% during the second quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after buying an additional 1,122,461 shares during the period. Finally, LPL Financial LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 29,123,810 shares of the company’s stock valued at $1,922,171,000 after buying an additional 1,406,203 shares during the period. 14.60% of the stock is owned by institutional investors.

iShares Core S&P Mid-Cap ETF Stock Down 0.6%

iShares Core S&P Mid-Cap ETF stock opened at $75.24 on Tuesday. iShares Core S&P Mid-Cap ETF has a 52 week low of $61.29 and a 52 week high of $77.28. The business has a 50-day simple moving average of $74.76 and a 200 day simple moving average of $71.44. The stock has a market cap of $121.71 billion, a price-to-earnings ratio of 19.00 and a beta of 1.00.

iShares Core S&P Mid-Cap ETF Company Profile

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.